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The Clean Energy Economy



The Clean Energy Economy: New Jersey

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PRESS RELEASE: New Jersey Clean Energy Economy Has Driven Jobs, But Needs Policy Boost – Pew Charitable Trusts, June 10, 2009

New Jersey has a large piece of America's clean energy economy. It ranks among the top 10 states for jobs in the clean energy economy, clean technology venture capital funding and clean technology patents. Although the Garden State's jobs rate, including jobs in the clean energy economy, fell between 1998 and 2007, New Jersey may see an upward trend in the clean energy industry; in October 2008 Governor Jon Corzine proposed to increase the state's renewable energy goal from 22.5 percent to 30 percent by 2020. Additionally, New Jersey attracted nearly $283 million in clean technology venture capital in the past three years, most of which has been invested in clean energy generation.

 

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